Morning Bid: No Messi magic for markets
Soccer fans enjoyed an extraordinary final of the World Cup on Sunday as high emotion and intense drama gave way to Lionel Messi leading Argentina to victory against France in a penalty shootout.
Germany’s half-a-trillion dollar energy bazooka may not be enough
Germany is bleeding cash to keep the lights on. Almost half a trillion dollars, and counting, since the Ukraine war jolted it into an energy crisis nine months ago.
Italy’s Enel to sell assets and focus on six main markets
Enel plans asset sales worth 21 billion euros ($21.5 billion) to reduce net debt and focus its transition to cleaner energy on six core countries, the Italian utility said on Tuesday.
Vodafone teams up with KKR and GIP in 16 billion euros towers deal
Vodafone has agreed to sell a major stake in its wireless infrastructure company Vantage Towers to GIP and KKR, creating a joint venture that will release proceeds of at least 3.2 billion euros ($3.2 billion) for the telecoms operator to pay down its debt.
Spain’s Iberdrola to invest $47 bln in energy transition in 2023-25
Spain’s Iberdrola will invest 47 billion euros ($47 billion) in electricity networks, renewable energy production and customer businesses over the next two years but protecting its balance sheet is a key focus, its chairman said on Wednesday.
EXCLUSIVE Spain’s Repsol in talks to sell 25% of oil and gas unit to EIG, sources say
EIG Global Energy Partners is in early discussions with Repsol (REP.MC) to buy a slice of the Spanish company’s oil and gas exploration and production business, three sources with knowledge of the matter told Reuters.
Benettons, Blackstone to launch bid for Atlantia this week – sources
The Benettons and U.S. investment fund Blackstone (BX.N) are aiming to launch a takeover offer for Italy’s Atlantia (ATL.MI)this week without involving directly other partners for now, two sources close to the matter said on Monday.
Analysis: New EU rules regulating U.S. tech giants likely to set global standard
Landmark EU rules targeting Alphabet (GOOGL.O) unit Google, Amazon (AMZN.O), Apple (AAPL.O), Meta (FB.O) and Microsoft (MSFT.O) are likely to set a global benchmark and may even force the tech giants to be more innovative, lawyers and experts said.
ING shares dip 4% after earnings; provisions rise on inflation worries
ING Groep NV (INGA.AS) reported higher-than-expected provisions in its fourth quarter earnings report on Thursday, as the largest Dutch bank braced for the impact of higher inflation on customers.
Publicis bets on further growth in 2022 after digital ad boost
Publicis Groupe (PUBP.PA), the world’s third-biggest advertising agency, on Thursday forecast organic sales growth of 4% to 5% this year, after its 2021 earnings exceeded their pre-pandemic levels to reach new records.
